2 Bed Flat For Sale

Bright and modern two-bedroom apartment now available in Ilford, East London, through Shared Ownership.

The property features an entrance hallway, an open-plan living room and kitchen, two bedrooms, and one bathroom.

The property is on the top floor, offering residents a private balcony.

Available for £117,250 for 35% share based on the marketing figure of £335,000.

Monthly rent - £700.91
Monthly Service Charge - £159.60
Total Monthly Charge - £860.51 plus mortgage required for 35% share.

An annual rent increase takes place every April

The property sits in a tranquil residential area in Grants Hill, north of Ilford's town centre, which is a little more than a mile away.

The location is excellent for transportation, thanks to the several underground stations, with Central and Elizabeth Lines available, allowing to reach Central London in less than half an hour.

All amenities are nearby, with more pubs, restaurants and shops in Gants Hill and more in Ilford.

Energy rating band - B

Environmental rating band - B

How we allocate Shared Ownership homes

We offer homes on a first-come, first-served basis, as long as you meet all the eligibility criteria. Sometimes, we give priority to people who live or work in the same area as the home. This is based on rules set by the local authority. All Shared Ownership providers must publish an allocations policy, which explains how they decide who gets a home.

If the home is managed by SO Resi and MTVH

You can read the Shared Ownership allocation policy on the MTVH website. SO Resi is the Shared Ownership brand of MTVH, a housing association.

If the home is managed by another provider

Visit their website to find their allocation policy. Contact us if you have any questions.

In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.